Transfer Analyst I

Summary:

The Analyst, Svc Transfers I is responsible for Bulk and Flow Mortgage Servicing Loan transfers from various Mortgage Banking Institutions. Assist with the oversight of the daily operations of the mortgage servicing transfers which must be completed in compliance with RESPA, Investor Guidelines, CFPB and applicable law. This position requires a high level of coordination with our sub servicers and key internal business partners.

Essential Job Functions:

• Ability to comprehend terms of Purchase and Sales Agreements, Letters of Intent relative to Servicing Transfers.

• Coordinate pre and post transfer activities between Seller, Freedom Mortgage, Document Custodian and Sub Servicer.

• Facilitate conference calls pre and post transfer.

• Update and maintain key transfer documents to include but not limited to, servicing questionnaire, transfer instructions and Process and Procedures Monitor transfer tasks closely to ensure all timelines are met and update task tracker accordingly.

• Assist with Pre-Post transfer reconciliations.

• Be prepared to conduct site visits to assist with Due Diligence reviews as necessary.

• Tracking Mortgage Documents as it relates to contractual hold backs.

• Prepare and distribute executive summaries to internal partners on key attributes relative to Transfer.

• Maintain strong relationships with internal and external partners.

• Quickly assess the big picture in complex situations and identify what is critical to success.

• Routinely make decisions for best course of action in driving success.

• Maintain regular and punctual attendance.

Other Related Duties:

Performs other related duties as assigned.

Supervisory Responsibilities:

This position is an individual contributor with no direct reports.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. 

Education and/or Experience

• Bachelors Degree (B.A.) from a four-year College or University.

• 2 to 4 years Mortgage Servicing experience.

• 2 years Mortgage Transfers experience.

Language Skills

Ability to read words and to recognize similarities and differences between words and between series of numbers. Ability to comprehend and write simple instructions, correspondence, and memos. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.

Mathematical Skills:

Ability to calculate figures and amounts such as discounts, interest, commissions, and percentages.

Reasoning Ability:

Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations.

Certificates, Licenses, Registrations:

None required.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is normally performed in a typical interior office work environment which does not subject the employee to any hazardous or unpleasant elements. The noise level in the work environment is usually moderate.

Equal Employment Opportunity:

Freedom Mortgage is committed to providing equal employment opportunities to all employees and applicants without regard to race, ethnicity, color, sex, marital status, sexual orientation, gender identity or expression, pregnancy, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws.

Americans with Disabilities Act:

Applicants as well as employees who are or become disabled must be able to satisfactorily perform the essential job functions of the position either with or without reasonable accommodation. Applicants as well as employees are encouraged to meet with Human Resources as the organization shall review reasonable accommodations on a case-by-case basis in accordance with applicable law.

Job Responsibilities:

The statements reflect the general duties and responsibilities considered necessary to perform the essential functions of the job and should not be considered as an all-inclusive list of all the work requirements of the position. Freedom Mortgage Corporation may change the specific job duties with or without prior notice based on the needs of the organization.